MITIE Group PLC
01 February 2008
MITIE Group PLC - Interim Management Statement
MITIE Group PLC (MITIE), a leading UK support services company, today releases
its Interim Management Statement for the period from 1 October 2007 to 31
January 2008.
Financial performance
MITIE confirms that it continues to perform in line with management expectations
and that it remains on track to complete another successful year. The order book
has continued to grow and MITIE has now secured 97% of revenue for the year
ending 31 March 2008.
Market conditions and current trading
Conditions remain favourable in MITIE's chosen markets and good organic growth
continues to be reported across each of the Facilities, Property and Engineering
Services divisions.
MITIE is well placed to take advantage of the ongoing trend to outsource
services in its chosen markets. As a result of its national coverage, range of
services and quality of service delivery, it expects to see opportunities across
the business as customers look to improve the efficiency of their cost base in
light of economic uncertainty. MITIE's ability to bundle services and deliver
value to clients remains a major focus for the business.
Future reporting dates
MITIE will be releasing a pre-close trading statement on 27 March 2008 and its
full-year results will be announced on 19 May 2008.
Notes to editors
For further information, please contact:
David Revis, Investor Relations and PR Manager
T: 020 7034 7306 M: 07979 702465
John Telling, Head of Corporate Affairs
T: 020 7034 7304 M: 07979 701006
About MITIE
MITIE is a people business, made up of over 44,000 talented and driven people,
all working in one of our key areas of expertise: facilities, property and
engineering services. We have had 20 years of continuous growth, and now have
annual revenues of over £1.2bn with a reputation for being the very best at what
we do. MITIE installs, manages and maintains. We make buildings and their
facilities smarter, greener, safer and better run. MITIE is all about having the
right people for every job, and the right attitude to getting it done.
For further information, please visit the Group's website www.mitie.co.uk.
Print resolution images are available for the media to view and download from
www.vismedia.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
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